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Daily Digit: Spain's unemployment hits 5m

Monday, Mar 04, 2013 - 00:59

March 4 - Spanish unemployment reached five million in February. Expectations were for a much bigger increase but youth unemployment remains stubbornly high. Sonia Legg reports.

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Five million is today's daily digit in Europe - the number of registered jobless in Spain. The Labour Ministry says almost 60,000 more people were looking for work last month compared to January - that's an increase of 1.2 percent. More than a quarter of the adult population is out of work - Angela Canfran is one of the newly unemployed. (SOUNDBITE) (Spanish) ANGELA CANFRAN, UNEMPLOYED, SAYING: "I'd worked for the same company for 35 years so it's very hard but you just have to cope." South Americans used to flock to Spain to find work - the reverse is now true. (SOUNDBITE) (Spanish) JUAN AGUIRRE, ECUADORIAN UNEMPLOYED, SAYING: "Nowadays, there are many people in a really bad situation, everybody is unemployed. I'm from Equador so I'm planning to go home, there's no work here." The rise is bad news for a country in recession and a government desperately seeking growth. It's even worse if you add in the non-registered unemployed - that figure is almost six million - double the EU average.

Daily Digit: Spain's unemployment hits 5m

Monday, Mar 04, 2013 - 00:59

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